including Wyoming<\/a>, which is the smallest state by population.<\/p>\nIn the quests for revenue and customer acquisition, many sportsbook operators look to procure licenses in as many states as possible. However, Hawaii — assuming the proposed legislation even becomes law — could be a different animal.<\/p>\n
Gaming companies are willing to deal with New York’s 51 percent tax rate for the simple fact that it’s New York and the fourth-largest state in the country. Hawaii lacks that obvious population advantage, and with an even higher wagering levy, the market could prove unappealing to operators.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"At 51 percent, New York currently has the highest tax rate on sports betting in the US. Hawaii might be ready to say, \u201cHold my beer.\u201d In House Bill 1815 (HB 1815), Rep. John Mizuno (D) proposes a jaw-dropping 55 percent levy on sports wagering in Hawaii, assuming the famously anti-gambling state approves regulated sports […]<\/p>\n","protected":false},"author":46,"featured_media":199019,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,1074],"tags":[],"acf":[],"yoast_head":"\n
Hawaii sports betting Bill Contains Suggested 55 Percent Tax<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n